Fuzzy economic production in inventory model without shortage

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Authors :

D. Stephen Dinagara,* and J. Rajesh Kannanb

Author Address :

a,b PG and Research Department of Mathematics, T.B.M.L. College, Porayar.

*Corresponding author.

Abstract :

In this paper, an inventory model without shortage has been considered in fuzzy environment, using the new hexagonal fuzzy numbers. Our goal is to determine the fuzzy production quantity and fuzzy
minimum total cost for the proposed inventory model. The storage cost, production cost and total demand quantity are taken as in terms of hexagonal fuzzy numbers. New arithmetic operations are defined and applied in sensitivity analysis. A relevant numerical example is also included, to justify the notion.

Keywords :

Hexagonal Fuzzy Numbers, Fuzzy Production Quantity, Fuzzy Minimum Total cost.

DOI :

Article Info :

Received : July 19, 2015; Accepted : August 23, 2015.